{"id":66551,"date":"2025-02-03T19:47:31","date_gmt":"2025-02-03T19:47:31","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/monday-morning-accounting-news-brief-big-4-hired-fewer-grads-speed-dating-for-accounting-students-2-3-25\/"},"modified":"2025-02-03T19:47:31","modified_gmt":"2025-02-03T19:47:31","slug":"monday-morning-accounting-news-brief-big-4-hired-fewer-grads-speed-dating-for-accounting-students-2-3-25","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=66551","title":{"rendered":"Monday Morning Accounting News Brief: Big 4 Hired Fewer Grads; Speed Dating For Accounting Students | 2.3.25"},"content":{"rendered":"


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Good morning! I\u2019ve got some news for you. Let\u2019s start with the bad news.<\/p>\n

From The Times<\/em>: \u201cGraduate jobs slashed as accounting\u2019s big four feel the squeeze<\/a>\u201c<\/p>\n

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The big four accounting firms have slashed graduate jobs and shed thousands of staff outside of official redundancy rounds, as they cut costs in the face of a prolonged downturn for professional services.<\/p>\n

KPMG, PwC, Deloitte and EY hired a thousand fewer graduates, school leavers and apprentices last year as part of a wider effort to trim headcounts and protect their profits.<\/p>\n<\/blockquote>\n

Well that\u2019s fine, there\u2019s a shortage anyway. I know you guys aren\u2019t the greatest at reading sarcasm so reread that sentence again in a smarmy voice.<\/p>\n

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Online furniture company Wayfair has ditched EY and will now be audited by PwC<\/a>. As far as we can tell it\u2019s nothing personal.<\/p>\n

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Baker Tilly is acquiring Hancock Askew & Co., LLP<\/a>, \u201ca well-established accounting and advisory firm with deep roots in Georgia and Florida.\u201d<\/p>\n

Said Fred Massanova, Baker Tilly\u2019s chief growth officer and managing principal \u2013 Eastern U.S., \u201cThe Southeast is a vital region for businesses of all sizes. Hancock Askew\u2019s longstanding commitment to client service and deep regional expertise make them an outstanding fit for Baker Tilly as we continue expanding our capabilities in this market.\u201d<\/p>\n

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University of St. Louis held a casual accounting mixer<\/a> (\u201cSome of my students have said it\u2019s like speed dating\u201d), 2024 graduate and Anders associate had this piece of advice for students:<\/p>\n

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Callaway did so many internships in part because he wanted to get a better idea of the career path he wanted to pursue. When he arrived at UMSL, he intended to pursue the audit track. After a couple of internships in that arena, he was less convinced. Internships in tax showed him the path he wound up following.<\/p>\n

\u201cI tell students all the time that it\u2019s crucial to get experience in both, because you\u2019re going to like one more than you like the other,\u201d Callaway said. \u201cI tell them to come to these events and network and meet all these different firms, because you never know when it\u2019s going to be your future employer or something. I was at one of these events having already accepted a fall internship with PwC, and I met my current employer just being here networking.\u201d<\/p>\n<\/blockquote>\n

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This isn\u2019t terribly on topic\u2026or is it? We do fraud here, right? Crypto sometimes? This scammer takedown had me cracking up when I had it on in the background while obsessively playing Powerwash Simulator this weekend.<\/p>\n

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